For sale

$725,000

322 W 3rd St, Lexington, KY 40508

3beds

1,525sqft

$4,974/mo

Get pre-qualified

Single Family Residence

Built in 1805

2,761 Square Feet Lot

$692,500 Zestimate^®

$475/sqft

$-- HOA

What's special

Charming and private courtyardMarble kitchen and bathroomsTankless water heaterSalvaged hardwood floorsNew heat and air

Historic Thomas January office renovated and rebuilt from foundation up offers modern amenities including tankless water heater, marble kitchen and bathrooms, new heat and air, plumbing, electrical, appliances and salvaged hardwood floors. Property is income producing as Airbnb and VRBO but could be used as single family dwelling. House includes a charming and private courtyard with neighboring Gratz Park and Transylvania University close by. Walking distance to restaurants, Opera House, Rupp Arena, and all downtown has to offer. Three designated parking spaces behind the house and on street parking in front of the house. Opportunity to own one of Lexinton's most unique properties. House being sold AS IS. Inspections welcome.

145 days
391
30

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First

Bedroom 2

Level: Second

Bedroom 3

Level: Second

Bathroom 1

Level: First

Bathroom 2

Level: Second

Kitchen

Level: First

Living room

Level: First

Heating

Forced Air, Heat Pump

Cooling

Central Air, Heat Pump

Appliances

Included: Dryer, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Cooktop, Oven
Laundry: Common Area

Features

Eat-in Kitchen
Flooring: Hardwood, Marble
Windows: Blinds
Basement: Crawl Space
Number of fireplaces: 3
Fireplace features: Kitchen, Living Room, Master Bedroom

Interior area

Total structure area: 1,525
Total interior livable area: 1,525 sqft
Finished area above ground: 1,525
Finished area below ground: 0

Property

Parking

Parking features: Driveway, Off Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: Accessible Bedroom, Accessible Central Living Area, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Kitchen

Features

Levels: One and One Half
Exterior features: Garden, Outdoor Grill
Fencing: Partial

Lot

Size: 2,761 Square Feet
Features: Few Trees

Details

Parcel number: 12939000

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

HardiPlank Type, Solid Masonry
Foundation: Block, Stone
Roof: Dimensional Style

Condition

Year built: 1805

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Water Connected

Community & HOA

Community

Features: Park
Subdivision: Downtown

HOA

Has HOA: No

Location

Region: Lexington

Financial & listing details

Price per square foot: $475/sqft
Tax assessed value: $103,600
Annual tax amount: $1,281
Date on market: 5/17/2026

Estimated market value

$692,500

$658,000 - $727,000

$2,031/mo

Price history

Date	Event	Price
5/17/2026	Listed for sale	$725,000+559.1%$475/sqft
Source: Imagine MLS #26011135 Report a problem
7/21/2008	Sold	$110,000$72/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,281	$103,600
2024	$1,281 +13%	$103,600 +13%
2023	$1,134 -3.2%	$91,700
2022	$1,171	$91,700
2021	$1,171	$91,700
2020	$1,171	$91,700
2019	$1,171	$91,700
2018	$1,171 +4.9%	$91,700
2017	$1,116 -5.9%	$91,700 -26.6%
2015	$1,186	$125,000
2014	$1,186	$125,000 +17.9%
2012	$1,186	$106,000
2011	--	--
2010	--	--
2009	--	--
2008	--	$75,000
2006	--	--
2005	--	--
2004	--	--